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Short-term rentals (STRs) in Wyncote, Pennsylvania, are legal but subject to specific zoning regulations as dictated by Cheltenham Township authorities, which governs the area. Rentals of this nature, which can include apartments and houses, particularly in urban settings, cater primarily to business travelers and some tourists. The market for STRs is growing due to its proximity to Philadelphia, enhancing appeal for those working or studying in the city. These rentals typically thrive in multifamily units offering flexibility and amenities like furnished accommodations for short stays. Property owners must collect and remit hotel occupancy taxes if they rent out their properties for less than 30 days. This additional requirement aligns with Pennsylvania state laws regarding short-term rentals. For detailed regulations, property owners and potential renters can refer to the Cheltenham Township website and the Pennsylvania Department of Revenue. Official resources include: Cheltenham Township - Short-Term Rentals and Pennsylvania Department of Revenue - Home-sharing Rentals.
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